Housing in Tuscaloosa Metro Area, Alabama

The median home cost in Tuscaloosa Metro Area is $114,033. Home appreciation the last 10 years has been 12.9%. Home Appreciation in Tuscaloosa Metro Area is up 9.3%. Browse Tuscaloosa Metro Area Real Estate

Average Age of Homes

- The median age of Tuscaloosa Metro Area real estate is 26 years old

The Rental Market in Tuscaloosa Metro Area

- Renters make up 26.8% of the Tuscaloosa Metro Area population
- 1.6% of houses and apartments in Tuscaloosa Metro Area, are available to rent

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DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

HOUSING	Tuscaloosa, Alabama	United States
Median Home Age	30	40
Median Home Cost	$114,033	$231,200
Home Appr. Last 12 months	9.3%	6.7%
Home Appr. Last 5 yrs.	21.5%	35.6%
Home Appr. Last 10 yrs.	12.9%	27.4%
Property Tax Rate	$3.68	$11.78
Property Taxes Paid	$420	$2,724
Homes Owned	51.3%	56.0%
Housing Vacant	20.5%	12.2%
Homes Rented	28.1%	31.8%
AVERAGE RENT FOR HOME OR APARTMENT
Average Rent	$1,262	$1,470
Studio Apartment	$658	$821
1 Bedroom Home or Apartment	$705	$930
2 Bedroom Home or Apartment	$847	$1,148
3 Bedroom Home or Apartment	$1,092	$1,537
4 Bedroom Home or Apartment	$1,145	$1,791
VACANT HOUSING
Vacant For Rent	1.6%	2.1%
Vacant Rented	0.6%	0.5%
Vacant For Sale	0.4%	1.0%
Vacant Sold	0.4%	0.5%
Vacant Vacation	11.3%	4.0%
Vacant Other	6.2%	4.2%
VALUE OF OWNER-OCCUPIED HOUSING
Less Than $20,000	7.2%	3.5%
$20,000 to $39,999	4.8%	3.1%
$40,000 to $59,999	4.9%	3.9%
$60,000 to $79,999	5.3%	5.4%
$80,000 to $99,999	6.7%	6.3%
$100,000 to $149,999	20.0%	14.7%
$150,000 to $199,999	19.6%	14.6%
$200,000 to $299,999	18.7%	18.7%
$300,000 to $399,999	6.7%	11.0%
$400,000 to $499,999	2.6%	6.2%
$500,000 to $749,999	2.2%	7.0%
$750,000 to $999,999	0.7%	2.7%
$1,000,000 to $1,499,999	0.3%	1.5%
$1,500,000 to $1,999,999	0.2%	0.5%
$2,000,000 and over	0.2%	0.7%